Question
You have a patent for a new combustion engine you believe will generate enormous demand. You seek funds to perfect, market, and manufacture your invention.
You have a patent for a new combustion engine you believe will generate enormous demand. You seek funds to perfect, market, and manufacture your invention. Which factor affecting the cost of money is most relevant toPr your scenario?
| inflation | ||
| Time preferences for consumption | ||
| Production opportunities | ||
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
